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Local companies take up residence in state-of-the-art building, creating first large-scale collaborative work space in the Creative Corridor.

Cedar Rapids, IA — July 29, 2014 — Cedar Rapids-based software company Geonetric is excited to announce the grand opening of its new building. Under construction for the past year, the $5.7 million dollar, 45,000 square-foot building in the popular New Bohemia arts and entertainment district officially opened on July 28, 2014.

The three-story office building sits on a former industrial site, converting an empty brownfield lot into a state-of-the-art office facility for several progressive companies.

In addition to the flagship company, Geonetric, three other companies will reside in the building including the Iowa Startup Accelerator, which was founded by Geonetric’s CEO Eric Engelmann. The third floor is home to Geonetric and its team of 70 software engineers, website designers and online marketers. The Iowa Startup Accelerator and Vault Coworking will share the second floor. Converge Consulting, a higher education marketing company, will be a tenant on the first floor. A large private café owned and operated by Geonetric is also on the first floor and will be used for internal events as well as larger events for the startup community, such as 1 Million Cups.

“We’ve designed it to be our region's epicenter of creativity and collaboration,” says Eric Engelmann, president and CEO of Geonetric and co-founder of the Iowa Startup Accelerator. “The building will serve as a town square for creativity and entrepreneurship in Cedar Rapids and the Creative Corridor, creating the same type of environment that helped make places like Silicon Valley and Boulder so successful. This will be that place for our community. This is a game-changer.”

The building’s grand opening will be celebrated with an open house on August 8, 2014 with public tours held every half hour starting at 3:30 p.m. CST. Interested parties are required to sign up to guarantee a spot on the tour. During the event, Geonetric will also be celebrating its recent Blue Zones Worksite certification, making it the 20th Cedar Rapids business to receive the designation.

About Geonetric®

Geonetric is a 17-year-old digital agency that helps healthcare brands across the country thrive through effective marketing and distinctive websites. The Cedar Rapids-based company employs more than 70 creative and talented individuals. Named to the Inc. 5000 list for seven consecutive years and a two-time recipient of the Alfred P. Sloan award for Excellence in Workplace Effectiveness, Geonetric is continuously recognized for its exceptional work environment. In addition to the company’s efforts in advancing the healthcare technology industry, Geonetric is also focused on improving the Cedar Rapids community. Whether by supporting local entrepreneurship efforts or building websites for non-profits during the company’s annual Operation Overnight event, community involvement is built into the foundation of Geonetric’s culture.